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Property profile & analytics

990 Ames Ave Milpitas, CA 95035-6303

  • Industrial properties
  • 22,000 SF
  • 2.00 lot acres
OFF-MARKET
Last Sale
Sep 02, 2024
$7,700,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US09-2293115
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • BMI 690 Plaster / Plasterer
  • Sr22 Insurance / Commercial Agent
  • Sika Corporation / Manufacturer

Property Details for 990 Ames Ave

Year built
1993
Construction
TILT-UP CONCRETE
Lot size
2.00 lot acres
Property size
22,000 SF
Zone code
M2
Property type
Industrial properties
APN
086-31-050
APU
8631050

Description

This exceptional 22,000-square-foot industrial warehouse, situated on a two-acre lot in Milpitas, California, presents a compelling investment opportunity. Built in 1993, the property boasts a desirable M2 Heavy Industrial District zoning (buyer to independently verify), allowing for a wide range of uses. The warehouse features 4 ground-level loading doors in the main building and an additional 2 in a separate rear building, ensuring efficient loading and unloading. Inside, discover approximately 4,000 square feet of office space, complete with reception, bullpen, multiple private offices, and a breakroom. A significant bonus is the 4,000-square-foot unfinished second-story mezzanine area, offering substantial potential for expansion or additional storage. The property also includes ample rear yard space ideal for staging and maneuvering. The high ceilings, ranging from 18 to 22 feet (buyer to independently verify), provide ample vertical space. The electrical service is 1200 amps, 277/480 volts (buyer to independently verify). Its strategic location in Santa Clara County offers easy access to major freeways, including I-680 and I-880, and San Jose International Airport, making it an ideal location for manufacturing or distribution. The property's APN is 086-31-050. The asking price is $7,700,000. Buyers are advised to independently verify all information.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Milpitas
County
Santa Clara
State
California
Longitude
-121.886
Latitude
37.4199
CBSA code
41940
CBSA name
SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$30,917
$1,035,434
$1,477,425
$2,512,859
-
$0.00
$0.00
$0.00
More about this property
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